Prevalence of dental diseases and related risk factors are boosting the Dental Laboratory Market globally into USD 11.05 Bn Sector|Forecast for 2023-2027
The growing number of dental laboratories worldwide as well as the rising incidence of dental illnesses and associated risk factors are expected to fuel the Dental Laboratory Market. With a compound annual growth rate (CAGR) of 5.72%, the market is projected to rise by USD 11.05 billion from 2023 to 2027.
Leading market players that are contributing significantly to this market advancement include names like 3D Dental Labs, 3M Co., Amann Girrbach AG, BEGO GmbH and Co. KG, Coltene Whaledent AG, Dentsply Sirona Inc., Envista Holdings Corp., Formlabs Inc., GC Corp., Ivoclar Vivadent AG, KURARAY Co. Ltd., Micerium SpA, Mitsui Chemicals Inc., Planmeca Oy, Shining 3D Tech Co. Ltd., Shofu Inc., Stratasys Ltd., VITA Zahnfabrik, VOCO GmbH, etc. Our report includes qualitative and quantitative analyses of core companies with a wider understanding of the business ecosystem.
Snapshot of Dental Laboratory Market
Technavio Analyst Quoted ~ “Oral cancer, dental caries, and periodontal infections are among the many dental conditions that are becoming more common worldwide, therefore increasing prevalence of dental diseases and related risk factors is driving growth in the dental laboratory market. ”
The high cost of dental equipment and regulatory concerns associated with the manufacturing of dental equipment are expected to hinder the growth of the market. However, a growing number of recent developments and Strategic collaborations and acquisitions will have a positive impact on the dental laboratory market during the forecast period.
Technavio’s analysis of the Dental Laboratory Market also includes:
